Archive for October, 2007

• New LUSSO home in the Bahamas | Written by Luxury Reporter Staff in Oct 2007

  LUSSO has just announced a new residence in the Abaco Club resort, in the Bahamas. The residence has been named ‘Sand Dollar’, and has four bedrooms with private bathrooms, and a hot tub overlooking the ocean.



• The allure of high price | Written by Joseph Foote in Oct 2007

  The New York Times ran a story recently, titled ‘When High Price Is The Allure’. The gist of the article? That there are many consumers out there who are more likely to buy a luxury item just because it carries a big price tag.



• Exclusive Resorts associate membership unveiled | Written by Luxury Reporter Staff in Oct 2007

  Exclusive Resorts has revealed a new membership option, with an ‘associate’ membership that includes ten days of use per year and one advanced reservation. The price tag is $129 000.



• 84 carat flawless diamond to be auctioned | Written by Luxury Reporter Staff in Oct 2007

  Sotheby’s is on a diamond roll - as well as the blue diamond featured recently by Luxury Reporter, the auction house is about to sell a flawless white diamond of nearly 85 carats.



• Five million dollar gold coin | Written by Luxury Reporter Staff in Oct 2007

  A $10 gold coin, made for President Andrew Jackson to give as a diplomatic gift during trade missions to Asia, was sold last week to a private collector for US$5 million.



• Blue diamond record | Written by Luxury Reporter Staff in Oct 2007

  A flawless blue diamond has sold at auction for nearly US$8 million, making it (carat for carat) the world’s most expensive gemstone.



• Romblon Island for sale - Philippines | Written by Cheyenne Morrison in Oct 2007

  This 11 acre island, with private residence and guest unit, is now available for sale or long term lease. The island is situated just 90 minutes by boat from world-famous Boracay, said to be the best beach in the Philippines.